The amount that indicates the worth of an instrument, security, investment, account, etc. For example, the face value of a...
An event of significant magnitude that takes place or is observed at the end-or tail- of a bell curve- i.e.,...
A bond that pays a coupon below market floating rate but allows the issuer, thanks to an embedded Bermudan swaption,...
A type of repo (repurchase agreement) in which the interest rate is changed (floats) in accordance with change in an...
A medium to long-term debt obligation (note) that has its coupon rate linked to some reference interest rate (specifically a...
A process whereby a financial institution capitalizes on mismatches between the two sides of its balance sheet (assets and liabilities)....
The sale of accounts receivables at a discount to a third party called the factor with recourse (i.e., a recourse...
A type of factoring in which a full set of factoring services or facilities are provided by the factor to...
A type of factoring in which the factor provides a whole range of services mainly including debt collection, bearing the...
A preferred stock whose dividend is readjusted at specified periods based, for example, on the maximum of a set of...